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20130211
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CNBC
Feb 11, 2013 6:00am EST
, the biggest snow in city history, 32 inches of snow falling in portland, maine. we have a messy commute for you, more freezing snow, more rain rolling in. for new york, it will be all rain for you. put it on top of the foot of snow that you had, it's a crummy morning. light snow rolling in towards boston and freezing rain, temperatures at 26 degrees. 3 below in bangor. in the capital district about 32. in new york, temperatures close to 42 degrees this morning. a little bit more snow to go, mostly through northern new england, as much as half a foot. and in watertown. but now, in addition to that, the staff has gotten very, very active. yesterday evening, a tornado touching down in hattiesberg, mississippi. many people injured, hitting southern mississippi campus here. more storms firing up this morning, not ruling out tornados. more storms in pensacola, florida, including val ves ton and houston. low chance of tornado, but a high threat for flooding. guys, no matter how you slice it, north or south, some very unwelcome weather this morning. >> yeah. we're okay, though, with tha
CNBC
Feb 11, 2013 4:00pm EST
happened in six centuries. pope benedict xvi says he's stepping down as leader of the world's 1 billion catholics. claudia lavonnia now with more from vatican city. >> reporter: hello. it's been quite a day here at the vatican. of course we haven't seen this as you said in about 700 years now. the last pope that resigned or rather abdicated, let's say, was in 1294. it was the fifth. now back then it was called the great refusal by him. this time pope benedict xvi said well, i am stepping down. i just can't take it anymore. the tasks of the pontiff is just too much for me. i'm letting a younger pope take over and bring it on for the 1.2 billion catholics worldwide. certainly this was unexpected. he said he was tired, but nobody thought or expected that it would come down to step down as a matter of fact. >> thank you very much for that. we're going to talk more about that. and i'm sure it's been quite a day there in vatican city. also putting italy front and center for two important elections coming up. the presidential election due out at the end of the month. fernando napolitan
CNBC
Feb 11, 2013 12:00pm EST
been the southwest. so california, nevada, arizona, texas. all three cities in texas have been the fastest growing housing markets in the nations for six months. austin, houston, dallas, atlanta, florida. segments of the carolinas, primarily all of the southern states. >> okay. josh brown, how about macy's? what's your trade there? >> this is a really exciting set-up here. but i think you want to give it a tad bit of patience. $42 is a high that dates back to 2007, believe it or not, on a monthly chart. on a weekly chart, you can see it struggle three times. the end of february, i don't know which way the number will go. but i think a break out above 42 could put the stock up to 50 with no problems. there are no sellers above that level. >> okay, caterpillar, simon. >> leaning 2.2% yield. like it. >> you still bullish aig? >> i am. expectations are really high. wait for a dip. >> quickly. >> ung tough to trade because it is all seasonal, all weather, i'm out. >> final trades are up next. [ male announcer ] any technology not moving forward is moving backward. [ engine turns over, t
CNBC
Feb 11, 2013 6:00pm EST
: yes. >> jerry. >> caller: jim, we'll be asking the city fathers of houston to consider changing the name to wattsville during football season next year. >> oh, you're too hard. too hard. >> caller: if one were to assume that the trade balance of the u.s. would show some nice improvement the next few years, what section or two would you guess might benefit more, jim? >> if our trade balance were to get in line, you would only be able to do that because we were importing less energy and exporting some which means you would want to be in the natural gas and integrate oils which needs to be in eog. that's the best. >>> keep up with cramer all day long. follow @jimcramer on twitter and tweet your questions #madtweets. i know what you're thinking... transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. w
CNBC
Feb 11, 2013 2:00pm EST
nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. >>> let there be light. on this day in 1847, thomas edison was born. aside from providing the u.s. with the ever essential light bulb, edison's very fir
CNBC
Feb 11, 2013 5:00pm EST
with cnbc "fast money" begins right now. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. here are tonight's top three trades. more money, more problems? why a drastic pay back may be the shareholder's best bet. energy independence. and, when it comes to oil, the focus is on north america, not the middle east. and gold breakdown. dennis gartman on why gold continues to lose its luster. but first, got to get to our top trade here, because the s&p 500 is hovers at 1500 yet again, our traders have found ways to play this rally. guy? >> hi, mel. >> valentine's week, just so you know. waiting for my gift. you laugh. valuation is crazy, 21 times forward earnings. you go back to the last quarter, operating margins, much better than expected. i know valuations are stretched. wig short interest here. still goes higher. >> is that connected to valentine's day week? >> no. nothing to do with it. >> not taking your wife to dunkin' donuts? >> just making sure mel knows, i'm waiting for my gift on thursday and that's putting it out there. >> wow. >> keep o
CNBC
Feb 11, 2013 4:00am EST
biggest cities. siemens. answers. >>> let's take a look at u.s. futures. the last time we checked in, the dow was set to open about 11 points at the open. it's peared back just a tad. the dow is still trying to climb back towards that 14,000 level, a time, ross, when frankly more people were talking about warning signs in the market. >>> meanwhile, as far as the european stocks were concerned, and this is where we stand, firmer today. the ibex down 0.3%. the cac 40, ftse and xetra dax up between 0.25% and 0.5%. dollar index is up, kelly. >> that's right. and the dollar/yen, adding 0.5%. so 93.17. aussie/dollar weaker by about 0.5%. a lot of trade across asia is quiet or closed for the lunar new year. >>> france's problems have nothing to do with a single curren currency, but down to the problems itself. he said that the core of the french problem lies inside the cup, not in the foreign exchange rate. this time last week, the french president called for the rights to curve the euro. >>> and the euro group meeting, which is due to star today in brussels. so sylvia is live there. it's l
CNBC
Feb 11, 2013 9:00am EST
in the stock so far this year. we'll get the color from that. ed morse from citi will give us his forecast. a lot to cover tonight at 5:00. >> we'll talk finance ministers in a few minutes. >> oh, yes. >> we've not gotten there yet. if you're just joining us this morning, here's what you missed. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> that announcement being confirmed from the vatican, pope benedict is due to resign february the 28th. >> uncertainty in the economy and sluggishness in the economy gives you center of a friendly fact. >> we did a lousy job in january on the tax side. i think it's better to go over the cliff than do a lousy job. >> rarely to these -- rarely do these oppositions result in a deal being voted down. it is something at least worthy of keeping an eye on. >> president obama seems to have pulled the republicans fangs with respect to the debt ceiling. that's probably the big risk the market was worried about. >> all night long, this is what it heard. beep, beep, beep. yes. snow plows. >> this is the opening bell
Search Results 0 to 7 of about 8